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20121005
20121005
Search Results 0 to 9 of about 10 (some duplicates have been removed)
convenient for the obama administration. what do you say? >> stuart, stuart, i'm going to tell you something. one of-- let's get serious here. our status stigses in washington d.c., i'm not saying they can't play a little bit at the margins, but we've had a declining unemployment rate and a growing economy for almost three years now and if people don't believe the-- i think one of the reasons people have a problem believing the numbers, they bet so heavily on really bad economy, i think. stuart: brian, wait, wait. i know what you've been saying, i know what you've been saying. >> the unemployment rate to be below #-- >> the reason why the unemployment rate has come down is because god knows how many millions of people have dropped out of the work force and now, suddenly, oh, how conveniently, in the month of september, 873,000 of them come right back in and say, i got a job. what's with that? >> well, okay, there's two surveys, i mean, if you really want to get in the weeds. stuart: i do. >> the household survey where we knock on people's doors and ask them, are you working or are you not. i
as suggesting the obama administration manipulated the report. he tweeted, unbelievable jobs numbers. the chicago guys will do anything, can't debate, so change numbers. the white house calls well sp's insinuation utter nonsense. and most republicans are steering clear of the former ceo's comments, including mitt romney. the republican nominee says many of the new jobs are only part-time. and that's not what a real recovery looks like. >> even those that have jobs are having tough times. the middle class is being squeezed with higher and higher costs and with incomes that have come down. >> report was good news on wall street, but investors remain weary. >> everyone is saying here we gorks everything
the obama administration manipulated the numbers. but on cnbc, labor secretary hilda solis called that claim "ludicrous" and defended the bureau of labor statistics. >> you know, i'm insulted when i hear that,ecause we have a very professional civil service organization where you have top, top economists that work at the b.l.s. >> brown: the employment numbers landed as the campaigns put up new ads attacking each other on jobs and taxes. >> president obama says he's creating jobs. but he's really creating debt. the facts are clear. obama's four deficits are the four largest in u.s. history. he's adding almost as much debt as all 43 previous presidents combined. and over 30 cents of every dollar obama spends is borrowed, much of it from countries like china. he's not just wasting money; he's borrowing it and then wasting it. we can't afford four more years. >> why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because, according to experts, he'd have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him he
optimistic about where we're going. and another very important point for the obama administration. >> so, john, maria is right in part because it has taken away an important talking point from the romney campaign. he can no longer say the president promised to get the unemployment rate under 8%, now at 7.8%. we have one more jobs report to go so who knows. what can mitt romney do to -- for lack of a better term, spin the numbers. >> well, i think people see this and say is that really the best we can do. i think everybody is happy when we see any movement. but, let's face it, unemployment is right under 8%. we aren't seeing -- i believe 500,000 jobs in this report were part time workers. people want jobs and they want even more than jobs they want careers and they want hope. right now they don't see that. they see a president is doing nothing about jobs going overseas, they see a president who adds a small business tax at the time they can least afford it, they see college graduates, half of them coming out and can't find the jobs they want based upon the degrees that they have. and so i
obama administration, the economy was bleeding jobs. 800,000 jobs a month at one point. spurt a growth, back down again. this is what the president says, no, it's not as robust as i would like, but look at this. look at this. since 2010 the economy has been adding jobs including 114,000 in september. that's what the president would say. governor romney says that's not enough. and with less regulation, lower taxes, other pro-business incentives you could create more. last month, health care jobs up, transportation jobs up. this one, wolf, in a report largely encouraging for the president, this is a bit discouraging, manufacturing jobs are down. if you look at the history of manufacturing in the obama presidency, again, you have the huge drop early on and a bit of a recovery since. but manufacturing jobs are still down from the beginning of the obama presidency. let me walk back over to this map for a second. that does matter in places like, the battleground states as well as anyone, ohio's a battleground, iowa's a battleground, in the midwestern industrial states where manufacturing has
the obama administration tried to do that the last four years and we have seen ideas from the ronny administration. romney administration. host: how large a role this manufacturing plant in the u.s.? -- does manufacturing play in the u.s.? guest: a lot of people feel like it is is dying industry in america, but take a look at the numbers. the u.s. still the world's largest manufacturer. manufacturing comprises 11.7% of gross domestic product. manufacturing comprises 9% of total u.s. employment. and it is directly employing 10.9 million workers in the u.s. host: we are going to get into the numbers and look at how things like 9% total employment have changed at the last couple of decades. mr. morath, let me ask about the kinds of manufacturing done. surely that has changed the last couple of decades. guest: we have a fairly robust automotive industry, but there are a number of different areas where things have changed and could change further, such as increasing energy production -- oil, gas, refining. host: this chart is from the bureau of labor statistics, a sister agency, but they
Search Results 0 to 9 of about 10 (some duplicates have been removed)